the stock of the hour is airbus.they are thinking about starting a process of replacing the a320. that is a major development. brought us this earlier. the a320 is the workforce, along with the 737 of most airlines. replacing it is a really big deal. how far into this could airbus be? startin: they need to getting things sorted out early on. they will likely be putting on absolutely new engine technology that will drastically reduce fuel performance -- fuel efficiency. that could take up to a decade. this is the early stages. we found this out probably to conversations and partly seeing ads, looking for engineers to help spearhead the project. taylor: i want to talk about the management shakeup going on and how that is affecting the company. you read about the new ceo. become survey chipmaker. what is -- he comes from a chipmaker. what is he expected to do? ben: they appointed a new cfo and new coo. these were they developments for airbus, a massive management shakeup. that has been around investigations into allegat

after the earnings report but overall we're still in a down trend and if you're going to compare airbus to boeing as a trader i would absolutely stick with boeing for the long side it's a lot stronger both fundamentally and technically now that boeing has recovered the fifty period simple moving average and i do like boeing in the long term airbus however you know they have a lot less orders for airplanes than boeing and the downtrend that i'm seeing on the chart it's just not something that i want to buy for an oversold bounce or anything like that regardless of what it did on earnings i know boeing took a big hit the other day they were like twenty six months or something after that crash in indonesia after your jakarta with those new planes that new seven thirty seven so people watch out for those real quick going to get a one word answer if you had to tell whom busters stock that they should look at right now what would it be danielle i like target adam pay pal ok target and pay pal will take notice of it. at a measured thank you both for being here sure appreciate your insights. th

lucidly bought for boeing to date now they're talking to airbus so as these sanctions or i should say tariffs move along these are the type of things that will pop up and hopefully hopefully i know that everybody is that optimist in november some things can be solved this there's an airshow happening in china right now where all these big wigs are there and both boeing and airbus want to see the tariffs gone. you mentioned boeing you mention air bus and you mentioned one chinese company that's working with air bus but is the chinese aerospace industry on a haul are they also suffering because of the tariffs. well of course and i mean we're talking the chinese aircraft industry we're not talking about air bus and we're not talking about point we're talking about smaller manufacturers that make parts such as combustion aircraft engines optical instruments and things that our companies like boeing and other western companies like airbus need so what happens there not only are these companies being hurt but the whole supplying che's supply chain is then it hurt and that means that things

airbus plans to boost production to compete with boeing.haad: china easton is buying a stake in june you out there. the money raised here will be used to buy three new aircraft and a standby engine as well as repay bank loans. land tort of the expand at home and abroad. yvonne: let's do a quick check on chinese steel makers. they are falling after rising on news china is eyeing a megamerger between the parent companies, a move to create a steel giant that would top arcelormittal as the world's largest producer. james has the story for us. this caught the market by surprise. >> absolutely. we had shares of as much as 8% yesterday. today's reaction is very much just that. just to put things in perspective, china produces half of the world steel. just a few years ago, the exports were more than the whole production in japan, which is the second biggest producer. we've seen steel prices rise to multi-year highs. dot china has been trying to is to consolidate its industry, to cut capacity and to cut pollution. inig surprise for the market terms

airbus is concerned, they still want to get the planes out the door quickly, in an efficient manner,don't want anything that would gum that up. right now this is a play by united technologies to have more control over the cost and pricing picture. taylor: more control and i imagine some diversification, if we look at where they get their revenue from. rockwell collins could add exposure to the asia-pacific region, south america. what do we know about the diversification? romaine: and more military. what utx had, pratt & whitney was a huge component of the aviation business, primarily airplane engines. they also had aviation's. collins, that is their specialty, they make knows to tip kinds of things that goes inside these planes. the combined business will really expand. the jet engine business was a huge drag on united technologies earnings, and a lot of their growth, so the idea is the avionics business has more flux ability, better cash flow picture, so by combining them, that will give the company more leverage on a lot of different avenues. guy: there is an activist angle here. w

airbus is naming their next cfo, assam is to move to airbus in 2019.naming michael as ceo there were -- as coo. there were some reports that he was going to name operational posts. now, it was one of the worst single session losses since 2015, with simmering weakness across assets, boiling over yesterday, to leave investors with nowhere to hide. u.s. stocks uphold, sending -- buckled. asian stocks followed earlier in the session but we are seeing a slight rebound in chinese equities while credit markets recently impervious have shown signs of shaking apart. joining us now is eric. great to have you with us. the mlivart with question after the day we saw yesterday, which is when will the dip buyers emerge? eric: it's a bit of a more nuanced reality because it mean.s on which dip you when we spoke a month ago or so, everyone was terrified about what's happening in emerging markets. we spoke at the time about chinese equities, emerging market bonds, and actually, what is interesting is how well those have been performing this month, so you have been makin

sold at the esher china aerospace exhibition most of the orders going to aviation giants boeing and airbus the events in the southern chinese province of dong also saw the first public appearance of a mock up c. on nine to nine the wide body civil jetliner being developed by china russia slated for launch in twenty twenty seven to have a range of twelve thousand kilometers now that is further than the route between beijing and new york china's aviation sector is booming the number of daily domestic flights that is expected to exceed that of the u.s. within the decade. that's it for me and the business team here in ballin facts have a company anything. state by state. commerce. the liveliest. the most traditional. minded all any time. check in with a special. take a tour of germany by state. w dot com. for. the language courses. video audio. anytime anywhere. w. messenger. they are digital maurier's. for women for internet activists one mission. the battle for freedom and dignity. courageous and determined they campaigned for women's rights and for peace. they mobilize against femicide of t

s of airbus and other major trade groups. but questions remain for the financial sector the city of london will be limited to offering financial products and services already found in the e.u. with no preferential access to the market there. but certainly at that does not appear to be a thing within that three paragraphs that would appear to offer the u.k. financial services a better relationship with perhaps the u.s. that's why many british financial institutions have moved some of their operations to the continent. should it leave talian government just sticking to its. and budget deficit in defiance of objections from the european commission on tuesday rome again rejected demands from brussels to comply with e.u. fiscal rules leaving the ball in the e.u. court i think we are approaching sanctions from the european union because i think that the italian government unfortunately has chosen the conflicting course with the european union so i expect a very tough reaction italy's more than two trillion euro debt is already the

hna, the banks, airbus have one thing in common. they all declined to comment.id: we are headed into the lunch break and japan. to give you some context, .3%, coming off our highs of the day but we are down five days into monday, up three days from then. a nine-day window. upsidegetting a little when it comes to the 10 year yield on the back of news on brexit boosting cable to roughly the levels you see. 1.2850. in japan, here is the market. if you strip out the damage from the telco space, that market should also be up. dollar-yen not really doing anything. 14 basis points above zero on your 10 year jgb. just to give you a sense of movers in japan in the morning session, we talked about telcos. you will see in the bottom of downscreen comic it comes to the fact it is looking to cut tariffs on mobile fees. still an earnings story. manufacturing, and electronic component. seeing some financial upside in the stock. when you look at tdk which supplies samsung, toyota. earnings, they are boosting outlook and dividend. it is looking good for these two stocks. not for

that is an airbus a380, and this is a boeing 747.nd it is notjust about gearing up and grabbing the hose. every fire is different. and each needs to be treated intelligently to make sure that you — and the people you're trying to save — have the best chance of survival. wow. oh my goodness. they're using the water as a protective shield. so they're keeping the two fires apart using the water. keeping the left hand one at bay and then extinguishing the right one before we deal with the left. this centre tries to make each scenario as realistic as possible. not just the fire, but the treatment of the casualties, too. it is fascinating to see the science behind firefighting. for example, in a kerosene fuel fire, water won't put it out. this cone of water controls the blaze so that another firefighter can come in with a powder extinguisher. that is what finally tames the flames. and once they're gone, does that mean the job is done? well, that is where this thermal imaging camera comes in, to see what our eyes cannot. so once it looks li

sold at the ash or china aerospace exhibition most of the orders going to aviation giants boeing and airbus the events in the southern chinese province of one dollar also saw the first public appearance of a mock up c. on ninety nine the wide body civil jet liner being developed by china russia slated for launch in twenty twenty seven that have a range of twelve thousand kilometers now that is further than the route between beijing and new york china's aviation sector is booming the number of daily domestic flights that is expected to exceed that of the u.s. within the decade. that's it for me and the business team here in bed and thanks as ever your company steve king. tut. tutting. about the. world. i'm skilled at the my work that's hard and in the end there's a me you're not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers would lie and say. what's your story. i'm a woman i was a women especially in victims of violence. take part and send us your story we are trying always to understand this new culture. not a villa to another yet you wan

s of airbus and major trade groups their take questions remain but the draft appears better than a no deal parts of the draft are still difficult for some to swallow the city of london will be limited to offering financial products and services already found in the e.u. it will still have access to the market but the same access as other countries but certainly at that does not appear to be anything within that three paragraphs that would appear to offer the u.k. financial services a better relationship with the e.u. than perhaps a panel the u.s. and that's why many financial institutions have moved some of their operations to the continent. i want to get more on this now with our financial correspondent on the other side of the atlantic in yens quarter is in new york for us yes we live in a global economy whether the u.s. president likes it or not how all the latest brags that developments that they were all there in the u.k. making themselves felt that. well we did see specially british stocks being traded here in new york being under quite some pressure and then also was the turmoi

sold at the ash or china aerospace exhibition most of the orders going to aviation giants boeing and airbus the events in the southern chinese province of one dollar also saw the first public appearance of a mock up c. on ninety nine the wide body civil jet liner being developed by china russia slated for launch in twenty twenty seven will have a range of twelve thousand kilometers now that is further than the route between beijing and new york china's aviation sector is booming the number of daily domestic flights that is expected to exceed that of the u.s. within the decade. that's it for me and the business team here in berlin faxes of a company steve king. tut. tutting. i'm going to. destroy the cello for the story of the first woman were told from different perspectives by peter credo from the eastern european perspective from the car for example spoke to us from the perspective of turkey from the arab world. e.w. dot com slash w w one. i was fishing when i arrived here i slept with six people in a room very similar it was hard i was fair. i even got white hair as the. name benjamin la

sold at the ash or china aerospace exhibition most of the orders going to aviation giants boeing and airbus the events in the southern chinese province of one dollar also saw the first public appearance of a mock up c. on nine to nine the wide body civil jet liner being developed by china russia slated for launch in twenty twenty seven will have a range of twelve thousand kilometers now that is further than the route between beijing and new york chinese aviation sector is booming the number of daily domestic flights that is expected to exceed that of the u.s. within the decade. that's it for me and the business team here in berlin faxes of a company ceasing. to. cut. cut cut cut cut. cut cut. cut. cut cut cut cut cut cut. cut cut. cut. cut cut cut cut cut cut. cut cut the food. calling for the. digital technology to help make our oldest claims and received a login apology. to. the and you can tell a lot about a society by its garbage. the fitzmaurice looks for the rich look for many poor people it offers their only chance of survival a and i could be on for today just like us. our reporters

thank you airbus and boeing have called for an end to the u.s. china trade dispute executives of the two worlds largest plane makers and bitter rivals made the announcement at an air show in china country has become a key hunting ground for aircraft manufacturers looking to expand their business because of the surge in air travel to companies worried that the ongoing trade conflict could deal rail orders from china passenger aircraft or one of china's biggest imports from both the u.s. and europe conflicts could push beijing to look for alternative options. in germany one of the most developed countries in the world some people still struggle to get mobile phone reception with the old three g. and four g. networks meanwhile the next generation is almost you know it's still a daily new since for many germans searching for good network coverage many find this unacceptable for a leading industrial nation. things haven't been up to scratch so far with the theater i'm just asking that we actually get what's promised at the spectrum auction this time c

s of airbus and major trade groups there take questions remain but the draft appears better than a no deal parts of the draft are still difficult for some to swallow the city of london will be limited to offering financial products and services already found in the e.u. it will still have access to the market but the same access as other countries but certainly at that does not appear to be anything within that three paragraphs that would appear to offer the u.k. financial services a better relationship with the e.u. than perhaps a panel the us and that's why many financial institutions have moved some of their operations to the continent. to see what the markets have calmed down and cross over to our financial correspondent daniel cope in frankfurt seven versus the digested these tomatoes events in the u.k. now give us an update well guarded investors are clearly monitoring what is happening right now in the u.k. i guess you can see it in the background we actually started here in the green but it seems that really the path off to reserve may in the next days could become even more d

airbus and boeing have called for an end to the u.s. china trade dispute executives of the two world's largest plane makers and bitter rivals made the announcement of their show in china the country has become a key hunting ground for ak rough manufacturers looking to expand their business because of the surge a natural that the two companies are worried that the ongoing trade conflict could derail orders from china passengers are one of china's biggest imports from both the u.s. and europe conflict would push beijing to look for alternative options. the i.m.f. is also concerned about trade relations between china and the u.s. the international monetary fund sees dark clouds ahead despite efforts by china to continue its strong growth it says the trades bad puts the brakes on the world's two biggest economies and it's pulling down the global economy with it. china's biggest city and financial nerve center shanghai more than three and a half thousand companies from around the world are here at the china international import explodes but

that is an airbus a380 and this is a boeing 747.t is notjust about gearing up and grabbing the hose. every fire is different. and each needs to be treated intelligently to make sure that you, and the people you're trying to save, have the best chance of survival. wow! oh, my goodness! they're using the water as a protective shield. so they're keeping the two fires apart using the water, keeping the left hand at bay and then extinguishing the right one, before we deal with the left. the centre tries to make each scenario as realistic as possible. not just the fire, but the treatment of the casualties, too. it's fascinating to see the science behind firefighting. for example, in a kerosene fuel fire, water won't put it out. this cone of water controls the blaze, so that another firefighter can come in with a powder extinguisher. that is what finally tames the flames. and, once they're gone, does that mean the job is done? well, that's where this thermal imaging camera comes in, to see what our eyes cannot. so once it looks like the fi

difficult that is combining corporate cultures if you consider how difficult it is for the likes of airbus for example here in europe having to work with european countries that are let's say culturally closer to just imagine how difficult it must be to make a nissan work together with their know so he not only was a very successful manager or is you can still say that he is a successful manager but also someone who dared quite a lot often not pleasing all the employees though that also has to be said of a thanks so much gave us from did i mean business. now to some of the other stories making headlines around the world today british prime minister theresa may has been making the case for her break that withdrawal agreement to a conference of business leaders she told him the deal allows skill nationality to drive immigration policy you brag that negotiator michel bunny's says the remaining twenty seven e.u. member states believe the draft agreement is quote workable. all guatemala's volcano of fire has erupted forcing thousands of people living nearby to be evacuated from the area disaste

we are now in discussions with airbus in terms of maybe changing over our 320 23 21.ore for our buck. it is a fantastic aircraft, so that is what we are looking at right now. we potentially may look at a few demand is robust. end it is going well for us. japan is something i'm very focused on. we only got one plane flying boat we think the regulators will start getting to know us and growing. and now the philippines are really driving growth. prices have come up a little bit, but what are you doing to mitigate the price? >> i'm not a big believer in hedging. if you hedge a lot a few weeks ago, you would be crying at $20 down. we just hedge our booking curve. i have been in oil bear for a long, long time. eight months ago we were sitting $50e in the oil price was and everyone is saying there is too much oil, etc. then suddenly sanctions come in and oil is probably about $100. fundamentally there is a lot of oil and fundamentally shale is there and were moving toward the sharing economy, etc.. so i have been an oil bear. it would be nice to have some stability. that was

and the film of the story what's the company like airbus doing there anyhow it shouldn't be their defense contractors are suddenly there purely out of self-interest the airbus group wants to expand its expertise and become europe's leading manufacturer of combat drone of a kind of french german military axis as on the door transition military oxic. yet says they're joining forces with the bundeswehr to test and optimize weapons law since it tastes. weimar all to make goal is to produce our own french german combat drones and sell them on the world market because. the german ministry of defense denies this scenario and says that in light of the worsening security situation the drones needed to become operational quickly. this one time decision which has been renewed annually until now there's no precedent for future procurement procedures. the americans have taken outsourcing a step further at one point more than thirty thousand private security contractors were active in afghanistan and iraq. germany and france are nowhere near this but the idea of recruiting civilians for military missio

it gives united technologies scale and negotiating power to deal with boeing and airbus.ryptocurrency crash shows no signs of letting up. fell 25%berg index last week, the worst five-day stretch since crypto mania peaked in january. that coin is trading at just over $4200. that is your business flash. those are the main stories. this week is either going to see a breakthrough or further breakdown of the u.s.-china relationship. president trump and sheesh and paying are scheduled to meet on the sideline of the g20 summit in bonus areas. -- in argentina. they see it as a possible catalyst that could break the market out of its slump. the s&p slipped into correction territory friday, the third worst thanksgiving week performance since 1939. no, i was not around in 1939. neither was our guest. thank you for staying with us. the third worst week since 1939. the markets are battered and bruised. how critical is the g20 for signaling the smoke, the signals to markets this week? >> it is the number one fear by the markets. expectations getting into the g20 are low. i don't know i

airbus and china talking about this at the china airshow. heathrowlems at london's airport. lighting on the runways. the problem was resolved this morning, b but flights have experienced delays s up to three hours. engineers are investigating. unhappy travelers in the process. time for our press review. we have the online reactions to the midterm elections. democrats taking the house of representatives. >> a cartoonist has been providing his illustrated commentary this wednesday as the election results come through. trump may have to contend with more than a caravan of migrants, but democrats ready to storm the white house. politico has been putting the what forward, looking at can be done now that congress is divided. they are looking at ways in which democrats and republicans may work together. there is a lot on the line for the democrats. they don't want to appear vending of, which would not bode well if they are looking forward to presidential elections in 2020. if democrats hope it would put a check on donald trump, they are mistaken. says no street journal one is going

eutelsat is expected to sign a contract with airbus today, worth $218 million, to make the satellitesading is seen in terms of volumes today and you can see slight gains in asia at the moment. i will see you soon. talking more about facebook now. facebook will announce new measures later to help support britain's local newspapers. our media editor amol rajan reports. just a few decades ago work in a local paper came with esteem, influence, and a solid wage. titles like the independently owned express and star in wolverhampton were treasured in their communities. these days the importance has grown further but their commercial cloud is diminishing. now if you want a second—hand car give look online and if he wants local news, fewer and fewer turned to print. it is challenging. the difficulty we have is all large proportion of people who are reading are no longer paying for the content, it is a print audience that are and it is how do we start to monetise the digital sector? some form of subsidy seems inevitable. it may come from silicon valley. facebook say they want to help train loca

that figure -- a gives united technologies the scale to deal with boeing and airbus.ce of -- by streaming operations. bloomberg has learned the german luxury automaker will be spent more to manufacture electric cars. they will try to make more money from new business such as digital offerings. oil is heading for its seventh weekly loss. futures slipped below $60 for the first time in a year. saudi arabia is signaling its output may have reached a record. america's growing stockpiles raise concern about a supply glut. that is your business flash update. fromwe are joined by mike bloomberg intelligence. fun times. will this keep going? mike: we are very much oversold. we have to be careful using that word. we have had massive liquidations of futures positions. oil -- i haverude it on my terminal. what you see in this chart that screens or indicates overabundance? mike: what you see is open interest in petroleum futures. that is not just crude oil. that is unleaded gas, diesel, everything. 1.6 million contracts. that's the most ever. i think it is a little extreme. what

airbus is hiring staff to work on the new single aisle plane.e the first narrowbody airbus that will have been brought to the market since 1984. it is revamping the a350, which will use a new turbine and take a new name. olympus is facing new pressure after an in-house lawyer questioned financial practices. they say they have not improved practices since 2011 and things may be getting worse. happy thanksgiving neve campbell i am so excited. i'm not only talking about me getting a holiday. i can go shopping. have aexpecting to shopping extravaganza. shopping, 164 million people expected to shop through this weekend. black friday, 70% expected to shop. next twoion for the months. >> it is incredible. a lot of people are shopping ahead of giftgiving season. it is good to work off some of those calories you are going to get from thanksgiving dinner and all that turkey and dessert. is not just in the u.s., we have taken black friday and cyber monday sales in other parts of the world. in australia, one out of six people per dissipated in the black fri

support forgrew its the airbus and is looking to increase orders for one model.he two sides are talking, but did not permitted details. the largest budget carrier has strategy,ing and utilizing more efficient planes. >> we are now in discussions with airbus in terms of maybe changing over our 320 23 21. that gives us more bang for our buck. >> that is your bloomberg business flash. anna: thanks, debra mao in hong kong. shipmentsrush to make before the higher tariffs kick in. will increase duties next year, further adding to incentives to get trade done as soon as possible. e is still with us. i have a chart here that shows china's trade partners, pmi gains of china's major trade partners. it is trending down but is still in growth territory. , as is the broader picture look at who they are going to export to. generally speaking it is a global growth story. michael: i think we are expecting to get softer data and we are not really getting softer data yet. we think it might be frontloading ahead of the tariffs but the shipments in the u.s. are actually down. the re

airbus is a big competitor of ours and racine in emerging competitor in china,.applause] working on the c919 aircraft is in our supply chain. as we know the model in china is we compete and cooperate in the sport for us as a company to always stay a step ahead. maria: how you invest in out innovate when you also have to work with these guys and they want to know how you do it? do you transfer your technology? >> no, we have technology agreements in place and we do cooperate in china. for example we open up a new 737 finishing center in china which will take delivery of airplanes from the us and install interiors for final delivery to chinese customers. that's the cooperation that creates a win-win scenario. maria: important market. how do you want to see this president deal with the chinese then? i know you want the streets back to end as soon as possible but there are real issues whether it be the theft of intellectual property or opening up their markets to us businesses what should the us do right now? >> it's for to address the mental trade issues. for issues

drone we can answer them out airbus and design studio is how design presented their fine taxi concept on tuesday on its first public test flight pop up next successfully transported a passenger capsule and returned it safely to the ground in the future flying taxis are to ferry people around big cities. the prototype shown in amsterdam is a porter scale model the next step will be to create a full sized one. when you think of heavy metal what comes to my head banging and tattoos are what i think of and not enthusiastic that's for sure but one fan of both heavy metal music and yoga has decided to combine the two those who like metal can get in shape with envy . toda in her classes it's about everything but. warming up for a yoga session with a difference in hamburg. is it not enough can you hear me if you're. welcome to heavy metal yoga and its inventor saskia toda. now a new york resident saskia grew up in northern germany. right now she's back here to promote her own take on yoga. one of her best love positions is the so-called leg guitar. because i don't mind my saying this is one o